I
wouldn't be surprised if they left Bitfinex on there to drag up the price and help to bring traffic to their site. Personally I'd never trust a Bitcoin price if I can't see the individual exchanges' price as well so that I know where it's actually at for most people. Bitstamp is at about $1400 and I'd call them the most "functional" exchange right now.
Just goes to show that LocalBitcoin traders expect people to pay a lot of money if they're charging higher than preev rates.
I have the Bitpay price set as a reference in my phone wallet. That seems the realest price to me as they're churning real money around day in, day out. |
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Isn't that basically what Preev does?
Preev should be savvy enough to discount exchanges that basically don't work. You'll find anywhere that aggregates prices where real money is on the line such as Bitmex were very quick to abandon China and Bitfinex. Preev should be doing the same. They're not in any way real prices right now. |
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Right now the Preev rate is hard to rely on as the price is being pulled in so many different directions.
And Localbitcoins premiums are very sensitive to FOMO.
In the past when things were in the doldrums you could occasionally obtain BTC for less than the cost on the exchanges. As soon as there's a whiff of excitement the premiums go through the roof because they know people will pay it.
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I'll be very interested to see what the next wave of trolling will look like. One thing's for certain, they'll never be done for good no matter what happens which'll make it doubly pitiful.
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Yep, but isnīt the tremendous interest by people in cryptos now, a fundamental in itself ?
Not really. It's greed. And it's greed fuelled by greedier people who'll eventually shit on them from a great height. No doubt NEM will settle higher than where it started this pump, but there'll be a lull for a while afterwards. It'll draw more attention and more people who'll hopefully see some real benefits and stick around. They might feel sad for a while though. |
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"maybe i have to take some vacations and let the trolls gather the informations by themselves"
No, no vacations for you visaco, youīre a real pearl here, please accept my apology, didnīt mean it that way. We need you.
Can i ask your opinion, please: Iīm pretty much all in on NEM, my fingers just canīt help themselfes, they want to buy NEM all the time. But is this going to pop soon? Or better to diversify into bitcoin some. Thanks.
(I donīt want no stinky USD, even more so Euros, they are printing themselfes to oblivion)
The arse will fall out of it at some point soon. This is nothing to do with fundamentals or news, though they're improving all the time for NEM. In case you hadn't noticed every coin is pumping. Some of them will be good. Some will be utter shit. Most of them are no different to how they were a month or two back other than a bonkers price. No direction lasts forever. |
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I totally agree with you 2% weekly is a reliable growth in a crypto ,in 2014 i had bought dash for $ 4 and now i sold it for $ 70 , i have around 150k NEM assuming it touching just $ 1 will make me go crazy .
2% totted up to take into account the crushing lows and soaring highs in between, sure. But I don't think I've ever seen anything grow a steady 2% for years on end. No market works like that, especially one as immature as any altcoin market. A $1 XEM within a year and a half would require universes to realign but who knows? |
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Who mine XEM? how mutch you have generated blocks in day on balance 10000 Xem?
There's no mining. All the coins already exist. You get the transaction fees. There are very few transactions happening on the network so you won't get much in the way of fees. |
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can we expect another x20-30?
That would put the market cap in the 10-15 billion dollar range. So... No. |
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I'm in it for the long haul too, so I'm not as sensitive to whether it's on recent highs etc. Essentially I'm looking at the market cap and thinking about where it might go. Any thoughts?
Nope. I have no idea what's going on anywhere. This time next month it could be 6000 or 600 and no one would be any the wiser why. |
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Time to step back from the coal face.
Market cap of 400-odd million, up 5x in the last few months. What do we think from here?
Is this the next BTC/ETH, or does it slip back into obscurity?
I think it's mainly dependent on what the rest of the alts get up to right now. A rising tide is lifting all boats. It wouldn't be a huge surprise if it plummeted again, but every pump brings more attention and those volumes, even if fleeting, are hard to dismiss. I'm waiting 3-5 years meself. Some of the genuine potential will be fulfilled by then no doubt. |
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gox damnit, i forgot my NEM wallet passwd from years ago. RIP me  The password doesn't matter as long as you have the backup or private key. You can drop them into another wallet and away you go. |
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Exactly. I was pondering converting my BTC holdings over to XEM a few months ago and obviously am now wishing I had.
I seem to have inadvertently ended up with more value in XEM than BTC by doing nothing more than sitting on my flabby behind. If we get a juicy dip then I'll go more XEM. The current moon shot hasn't convinced me but I'm pretty stumped by every crypto market right now. |
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Another difference is NEM has ZERO inflation where both List and Ark are still creating new currency giving them 15% and 6% inflation currently.
That's a biggie IMO. It's not making itself felt while demand is still relatively low, but Bitcoin spews out around $2 million of new value every day that has to be absorbed somewhere. Imagine what it would do with all coins mined and the current increasing demand. |
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what ??
so at the 1st time NEM team promote their project with an airdrop ,,
The first stakes were free simply by expressing an interest on the thread. Then it moved on to small BTC amounts to secure one. I think I paid 0.045 BTC for mine. |
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Does 36-37 is still a good buy or i am late  Maybe consider buying a set amount per week over a set amount of time if you're interested in the long term? Nothing continues going straight up. It'll fall eventually. |
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I think, there should be only one wallet, no nano, micro, or mega, that confuses all newbies, just a NEM wallet, just me and a wallet, and NEM, and the moon. And i would comprehent the distance from here to the moon.
Yes, I think some of the terminology is still a little too steeped in assuming that you know your way around the computing world. They should poll a bunch of truck drivers and see what they get and don't get. At present there's a lack of intuitiveness. It'll come in time. |
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I had 500 bitcoin around $1 each. I bought a couple vials of steroids with it all  And do you still have the muscles to show for it? |
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Me, more or less. The irony is that I lost out on making a profit because I spent bitcoin. And if you ever needed proof that bitcoin is doomed as a form of money, there you go. When people want to hold onto something instead of spending it, that's a lousy currency.
I've been spending plenty recently. At some point you have to reward yourself for enduring 2014/15 and anyone who isn't in the black must've done something horrific. Will I lose out and end up with some tat? You bet. But it'll provide a good time too. And despite the bonkers rises, there's been enough movement for people to lose plenty even on the big coins. |
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I can't help but think, that most people sold "too early". You'd either need balls of high grade steel or a time machine to not sell your free stash at a good spike.
Would be interesting to know how many of the original airdrop participants still hold strong.
You don't need balls of steel. All you have to do is sit there and do nothing. I am one of them. And I bought a few more in the early days when it was on the NXT asset exchange. I really should've loaded up ridiculously when it got down to 30 satoshis but my mind was elsewhere. No doubt there are other possibilities out there happening right now. Get in on the ground floor enough times and at least one'll pay off ludicrously. And NEM is just getting fired up. |
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